Gatron Industries Ltd. · PSX:GATI
Gatron Industries — FY2024 Earnings Presentation
14 slides from Gatron Industries's earnings presentation, Oct 28, 2024
Slide 1: Corporate Briefing for the Financial Results 2023-24
CORPORATE BRIEFING GATRON (INDUSTRIES) LIMITED FOR THE FINANCIAL RESULTS 2023-24 Date : 28th October 2024 & Time: 12:00PM Venue : Gatron Factory, H.I.T.E, Balochistan
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Gatron (Industries) Limited (“Gatron”) solely for information purposes. No representation or warranty express or implied is made thereto, and no reliance should be placed on, the fairness, accuracy, sufficiency, completeness or correctness of the inf
Slide 3: Agenda
FOR THE FINANCIAL RESULTS 2023-24 Company Presence Company’s Overview C Strategic/Operational Developments B O R R Financial highlights FY 2024 I P E O Business Analysis F R I A Ratio Analysis N Profitability Ratios T Turnover Ratios G E Capital Expenditure & Plant Capacity Future Outlook and Challe
Slide 4: Company's Presence
COMPANY’S PRESENCE Registered Office 1st Floor, Ahmed Complex, Jinnah Road, Quetta - Balochistan, Pakistan. Tel: 0092-81-2849396 Fax: 0092-81-2825304 Liaison/Correspondence Office 11th Floor, G&T Tower, #18 Beaumont Road, Civil Lines-10, Karachi-75530, Pakistan. Tel: 0092-21-35659500-10 Fax: 0092-21
Slide 5: Company's Overview
COMPANY’S OVERVIEW Gatron (Industries Limited) was established in 1982 as a public limited company & manufacturing plants located in the Hub-Balochistan. Gatron is one of the largest industrial employer in Hub-Balochistan. POLYESTER FILAMENT PET PREFORMS POLYESTER CHIPS KNITTED FABRIC YARN • Gatron
Slide 6: Strategic/Operational Developments
STRATEGIC/OPERATIONAL DEVELOPMENTS POSITIVE ATTRIBUTES ADVERSE ATTRIBUTES • The company issued 32 Mn rights shares of Rs. 5.6 Bn to meet its working capital requirement through equity. • Company is facing extraordinary dumping by Chinese • Successful startup of 600 TPD polymer plant.. PFY producers
Slide 7: Financial Highlights
FY 2024Rupees in Thousands Operating Results FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FINANCIAL HIGHLIGHTS Sales 34,013,581 27,383,780 23,959,654 16,557,561 12,938,377 Gross Profit/(loss) 2,086,859 1,453,630 3,176,386 1,866,775 945,052 Operating Profit/(loss) 1,392,502 553,468 2,646,192 1,316,094 451
Slide 8: Financial Highlights FY 2024 Yearly Sales
FINANCIAL HIGHLIGHTS FY 2024 YEARLY SALES Rupees in Thousands YEAR 2022 2023 2024 PFY 19,745,058 22,541,665 30,289,729 Financial Growth: Gatron net revenue reached Rs. Preforms 4,214,596 4,842,115 3,723,852 Total 23,959,654 27,383,780 34,013,581 34,014 million, a 24% increase from last year. This gr
Slide 9: Business Analysis
Graphical Presentation BUSINESS ANALYSIS 57,525 54,560 70,000 54,661 51,999 34,014 40,000 27,384 36,809 50,000 23,960 30,000 16,558 30,000 12,938 20,000 10,000 10,000 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Sales Sales Qty (MT) - PFY 13.26% 1495 11.27% 13.00%
Slide 10: Ratio Analysis
RATIO ANALYSIS TURNOVER RATIOS PROFITABILITY RATIOS Fixed Assets Turnover 1.9 2.1 (1.5) ROE 3.1 2.6 23.5 Total Assets Turnover 0.9 0.9 6.0 1.2 ROCE 9.6 20.9 Turnover 9.1 Debtors 6.6 6.6 6.1 GP Ratio 5.3 13.3 Inventory Turnover 3.4 2.9 4.1 (2.0) 3.0 8.0 13.0 18.0 23.0 0.0 2.0 4.0 6.0 8.0 10.0 2024 20
Slide 11: Capital Expenditure & Plant Capacity
CAPITAL EXPENDITURE & PLANT CAPACITY METRIC TONS R U P E E S I N MILLIONS 120,000 100,000 80,000 8,114 8,000 60,000 6,000 99,000 4,501 40,000 4,000 75,000 75,000 75,000 2,933 60,000 2,325 1,657 20,000 2,000 0 0 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 Expected PFY-Mix denier PLANT CAPACITY
Slide 12: Gatron (Industries) Limited
GATRON (INDUSTRIES) LIMITED 950,000+Subsidiezed Meals / 850,000 free rides / 300 trees planted PKR 1.4 Bn ISO / HALAL A-/A-2 PKR 34 Bn Operating Profit Certified Credit Rating issued by VIS Net Sales 3.3X In Last decade Commitment to quality, environmental management, 2.9X and food safety compliance
Slide 13: Future Outlook and Challenges
FUTURE OUTLOOK AND CHALLENGES • NTC imposed duties in 2017 in the range of 3.25% to 11.35% but Appeals filed by importers and NTC recalculated and reduced duties in 2022 to 2.78% - 6.82%, but they largely remained uncollected from 2017. • Despite confirming the injury caused by dumped imports, the N
Slide 14: Thank You
THANK YOU Questions & Answers